Re:Texas Electric Bills Were $28B Higher Under Deregulation
by u678u on Wednesday February 24, 2021 @09:52AM
(#26250444)
Texas population has grown from 21 to 30 million people in that time. Its tough to really know what would have happened if something else was done.
[ Parent
| on HN ]
Re:Texas Electric Bills Were $28B Higher Under Deregulation
by piva00 on Wednesday February 24, 2021 @09:56AM
(#26250502)
Shouldn't economies of scale dictate that the average price per person should go down (inflation-adjusted) rather than up though? I understand that adding capacity to support 9 million people and modern appliances over 17 years is a significant cost but when you average it down per capita I'd have believed that increases in productivity and technology would drive that figure down, not up.
Re:Texas Electric Bills Were $28B Higher Under Deregulation
by u678u on Wednesday February 24, 2021 @12:18PM
(#26252596)
I was going to suggest that the original hydro and nuclear has lower costs than newer plant, but there doesn't seem to be any hydro and nuclear is small so I can't say.
Re:Texas Electric Bills Were $28B Higher Under Deregulation
by Spooky23 on Wednesday February 24, 2021 @10:15PM
(#26259277)
Not necessarily. Electricity is driven by peak demand, and adding capacity takes time and is expensive.
Re:Texas Electric Bills Were $28B Higher Under Deregulation
by fat_pikachu on Wednesday February 24, 2021 @10:26AM
(#26250846)
Energy prices have outpaced inflation in that time frame despite productivity gains.